Butcher, Kevin (2018) Monetary policy in the Roman Empire. In: van der Spek, R. J. and van Leeuwen, B., (eds.) Money, Currency and Crisis. In Search of Trust, 2000 BC to AD 2000, London, 2018: 165-185. Routledge Explorations in Economic History . Routledge. ISBN 9781138628359
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Abstract
A key figure in the history of scholarship on Roman monetary history is Theodor Mommsen. At the risk of caricature, this chapter outlines the key features of relevance. At its heart is the matter of whether the Romans mismanaged their currency to the extent that it caused an economic crisis, and whether they had any monetary policy beyond debasing their silver coinage to overcome fiscal difficulties. Recovering the monetary history of the Roman empire is essentially an exercise in prehistoric archaeology, in that there is plenty of material evidence but almost no helpful documentary data. The study of Roman coinage as money remained very much subsidiary to its study as a source for history and art. Compared to modern times, the Roman empire would appear to have experienced very low inflation. A research project aims to outline the fineness of Roman silver coinage, and at the same time characterize the metal supplied to the mints, whether freshly mined or recycled.
| Item Type: | Book Item |
|---|---|
| Divisions: | Faculty of Arts > Classics and Ancient History |
| Series Name: | Routledge Explorations in Economic History |
| Publisher: | Routledge |
| ISBN: | 9781138628359 |
| Book Title: | Money, Currency and Crisis. In Search of Trust, 2000 BC to AD 2000, London, 2018: 165-185. |
| Editor: | van der Spek, R. J. and van Leeuwen, B. |
| Official Date: | 21 May 2018 |
| Dates: | Date Event 21 May 2018 Published 31 May 2018 Accepted |
| Status: | Peer Reviewed |
| Publication Status: | Published |
| Access rights to Published version: | Restricted or Subscription Access |
| Related URLs: | |
| URI: | https://wrap.warwick.ac.uk/116905/ |
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